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ObamaCare's Costs Are Soaring

We already know the rosy budget estimates used to sell the law were wrong.

By

Ron Johnson

Updated March 21, 2012 6:50 p.m. ET

One year after the passage of ObamaCare, this paper published an op-ed I wrote ("ObamaCare and Carey's Heart") about how America's health-care system saved my daughter's life, and describing how implementing this law will limit innovation, lead to rationing, and lower the quality of care. Now, two years out, I would like to focus on the budgetary disaster.

As a candidate, Barack Obama repeatedly claimed that his health-care plan would lower annual family health-insurance premiums by $2,500 before the end of his...